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2407 West Berwyn Avenue

Essex Realty Group Represents Sale Of Chicago Multifamily Portfolio For $18.5M
SOLDMultiFamily

Essex Realty Group Represents Sale Of Chicago Multifamily Portfolio For $18.5M

2407 West Berwyn Avenue, 5252 North Campbell Avenue, 5420 North Campbell Avenue, 2435 West Berwyn Avenue & 2423 West Berwyn Avenue

$18,500,000

Building Size

Asset Type

MultiFamily

Closing

Mar 31, 2026

AI

The property involved in this transaction is a multifamily asset located at 2407 W. Berwyn Ave in the Chicago market. The sale price for this asset was $18,500,000.

Summary of transaction details:

Key individuals involved in the transaction include brokers Steven Livaditis, Matt Feo, and Rick Ofman, who represented the sale through Essex Realty Group, facilitating the negotiation and closing process for this multifamily asset deal.

Players

Matt Feo

Essex Realty Group

Broker

$245.4M

vol

49 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.86%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93